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Baha Mar has resolved the last remaining commercial issues with its prospective financing partner for the $2.6 billion Cable Beach redevelopment, Tribune Business was informed last night, the developer now moving towards finalising the legal documents and presenting the finished plans to the Government.

…Continue readingBaha Mar Closer To Closing China Deal

The hotel industry is “about 18 months away” from a position where it can start to exceed 2008 comparative numbers, the Bahamas Hotel Association’s (BHA) president said yesterday, as he warned that sector employment was likely to be “one of the casualties” of the recession.
…Continue readingBahamas Hotels: 18 Months From Full Recovery

Casinos in The Bahamas are facing a major challenge from the legalization of gaming in the US, the top man at Atlantis has revealed, saying recommendations put to the government on the future of gambling in the islands are critical.
…Continue readingBahamas Casinos Face Challenges

After a decade of corporate success one hotel is dedicating the year to giving something back to The Bahamas.

As the Colonial Hilton in Nassau celebrates its 10th year of operations it is planning a series of charity events which cover fashion, food, art, music and signing.
…Continue readingNassau Hilton Plans Charity Event To Celebrate 10th Anniversary

New Providence hotels enjoyed an almost-20 per cent increase in room revenues year-over-year for December 2009, driven by an increase of more than three-and-a-half percentage points in occupancy rates and a $32.65 rise in average daily room rates (ADR).

…Continue readingRoom Revenues Up 20% For Nassau Hotels

The popularity of vacation rentals in the Bahamas surged by 79 per cent last year, the greatest increase for any destination, with this trend expected to continue through 2010, a leading rental firm told Tribune Business yesterday.

…Continue readingBahamas Shows Highest Vacation Rental Growth

Bahamas Hotels and Businesses Requested to Support Haiti Relief… We are encouraged that several Bahamas hotels have already committed support, despite the difficult times our industry is experiencing. The Bahamas…Continue readingAppeal To Hotels & Businesses To Help Haiti

We are encouraged that several Bahamas hotels have already committed support, despite the difficult times our industry is experiencing. The Bahamas Red Cross is launching its appeal for funds and non-perishables items.  Specifically, hotels are being asked to donate cash or the following items:

…Continue readingBahamas Hotels and Businesses Requested to Support Haiti Relief…

Stopover visitors to the Bahamas fell below the one million mark in 2009 following a 12.8 per cent year-over-year contraction, with tourism industry earnings dropping 10 per cent to around $1.5 billion.
…Continue reading10% Drop In Tourism Revenue